UYG Options History — January 2019

In January 2019, UYG traded between $31.79 and $38.65. ATM implied volatility averaged 37.4%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 1.5% (HV 20d: 38.9%). Max pain ranged from $34.00 to $44.00. Net GEX was positive for 4 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.23.

Notable Days

  • 2019-01-04: Highest Volume — 927 contracts
  • 2019-01-07: Largest IV spike — 57.7% change
  • 2019-01-07: Highest IV Rank — 44.5%
  • 2019-01-02: Largest Expected Move — 13.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.01$31.79$38.65$32.51$38.62
Max Pain$34.57$34.00$44.00$34.00$44.00
ATM IV37.4%28.5%72.0%47.6%28.5%
Expected Move10.2%8.2%13.6%13.6%8.4%
HV 20d38.9%26.1%45.8%45.7%26.8%
HV 60d39.8%37.6%42.3%40.8%37.7%
IV Rank17.2%8.8%44.5%25.4%8.8%
IV Percentile66.7%40.9%99.2%91.7%40.9%
Term Structure0.4%-6.7%12.2%-4.1%2.3%
VWIV38.8%27.4%60.7%52.0%27.9%
Skew 25d5.4%-42.6%18.3%9.5%5.8%
Skew 10d27.1%0.6%84.8%34.1%25.2%
Call IV 25d34.6%25.1%80.4%45.1%27.7%
Put IV 25d40.0%33.2%54.6%54.6%33.5%
Bid-Ask Spread %87.2968.42115.4186.1185.83
Gamma HHI0.100.070.580.070.08
Net GEX552-47.2K345.4K-45.7K-10.5K
Net DEX2.2M246.0K4.2M4.2M1.4M
Net VEX-16.8K-20.2K-12.0K-13.0K-19.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.230.015.890.380.72
Total Volume284.1431992736247
Total OI5,859.0485,4686,2845,4685,781

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$32.51$34.0047.6%13.6%45.7%25.4%52.0%9.5%-4.1%-45.7K4.2M-13.0K0.3886.11N/AN/A26103,2262,242
2019-01-03$31.79$35.0043.7%10.4%39.8%22.4%42.0%-1.5%7.9%-47.2K4.2M-12.0K0.01110.20N/AN/A842123,2242,252
2019-01-04$33.43$35.0045.7%12.2%45.0%23.9%41.7%9.2%-1.2%-22.8K3.4M-15.4K0.4485.72N/AN/A6432843,5912,214
2019-01-07$33.97$34.0072.0%12.1%45.8%44.5%0.0%10.1%-6.7%-32.7K3.4M-14.5K0.09103.94N/AN/A132123,5992,332
2019-01-08$34.07$34.0039.0%11.3%45.5%18.7%60.7%11.2%0.1%-22.0K3.0M-16.0K0.9674.38N/AN/A1441383,6602,340
2019-01-09$34.39$34.0039.1%11.2%44.7%18.8%52.2%18.3%-4.9%-22.6K2.9M-16.2K0.92102.30N/AN/A1511393,6692,401
2019-01-10$34.76$34.0036.0%10.3%44.8%16.4%55.6%8.2%-0.3%-20.9K2.8M-16.5K0.9071.85N/AN/A1551393,6772,400
2019-01-11$34.79$34.0035.4%10.2%44.8%15.9%55.0%7.4%0.8%-19.1K2.8M-16.0K0.8970.39N/AN/A1581403,6792,400
2019-01-14$34.98$34.0035.5%10.2%44.5%15.9%31.7%7.8%0.5%-18.8K2.4M-16.0K0.0168.42N/AN/A14923,6822,364
2019-01-15$35.57$34.0032.3%9.2%44.1%13.4%30.8%7.3%0.5%2.8K2.2M-15.8K0.0179.62N/AN/A17323,8222,364
2019-01-16$36.85$34.0030.6%8.8%43.0%12.2%29.5%5.8%1.5%18.0K1.0M-18.3K0.0482.03N/AN/A336143,8352,359
2019-01-17$37.03$34.0030.9%8.9%43.0%12.4%29.7%9.1%-0.5%22.9K694.3K-18.0K0.0487.13N/AN/A368143,9132,371
2019-01-18$38.02$34.0028.5%8.2%41.3%10.5%27.4%7.8%2.6%345.4K246.0K-18.2K0.0595.10N/AN/A259143,9112,371
2019-01-22$37.16$34.0034.3%9.8%41.3%15.1%36.3%8.4%-0.8%-17.8K2.1M-17.0K2.8089.89N/AN/A5143,4012,103
2019-01-23$37.41$34.0033.9%9.7%38.4%14.7%34.4%5.2%0.4%-20.1K2.1M-17.2K5.8981.95N/AN/A372183,4032,114
2019-01-24$37.58$34.0030.9%8.8%32.3%12.3%31.8%7.3%-0.1%-21.1K2.1M-18.5K5.3483.35N/AN/A412193,4142,225
2019-01-25$38.27$34.0031.0%8.9%26.1%12.5%29.9%6.6%-0.8%-17.5K1.6M-18.3K5.0988.55N/AN/A432193,4202,226
2019-01-28$38.14$34.0032.0%9.2%26.5%13.2%0.0%6.2%-0.5%-15.8K1.7M-17.7K0.1984.97N/AN/A53103,4202,226
2019-01-29$38.13$34.0032.3%9.3%26.8%11.8%36.6%6.9%-0.9%-13.9K1.7M-17.8K0.1285.87N/AN/A128153,4692,222
2019-01-30$38.65$34.0046.0%13.2%26.7%22.8%32.1%-42.6%12.2%-9.0K1.0M-20.2K0.88115.41N/AN/A1391233,4922,226
2019-01-31$38.62$44.0028.5%8.4%26.8%8.8%27.9%5.8%2.3%-10.5K1.4M-19.5K0.7285.83N/AN/A1441033,5002,281